Universal Health Services, Inc. $UHS Shares Acquired by Moore Capital Management LP

Moore Capital Management LP lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 83.4% during the second quarter, Holdings Channel reports. The firm owned 222,422 shares of the health services provider’s stock after purchasing an additional 101,122 shares during the quarter. Moore Capital Management LP’s holdings in Universal Health Services were worth $33,072,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Pzena Investment Management LLC boosted its position in shares of Universal Health Services by 31.5% in the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock valued at $460,590,000 after purchasing an additional 505,575 shares during the period. Dimensional Fund Advisors LP lifted its stake in Universal Health Services by 12.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,781,262 shares of the health services provider’s stock valued at $318,812,000 after buying an additional 192,351 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Universal Health Services by 1.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,226,577 shares of the health services provider’s stock valued at $219,520,000 after buying an additional 20,577 shares in the last quarter. Norges Bank acquired a new position in shares of Universal Health Services in the fourth quarter worth about $199,334,000. Finally, Morgan Stanley boosted its holdings in shares of Universal Health Services by 59.5% in the fourth quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock worth $189,978,000 after buying an additional 325,162 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UHS has been the topic of several analyst reports. Cantor Fitzgerald reissued a “neutral” rating and issued a $194.00 target price on shares of Universal Health Services in a research report on Tuesday, July 28th. Guggenheim reduced their price target on shares of Universal Health Services from $195.00 to $189.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Morgan Stanley decreased their price objective on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 29th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $183.00 price objective on shares of Universal Health Services in a research report on Thursday, August 20th. Finally, Barclays cut their target price on shares of Universal Health Services from $179.00 to $168.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $204.93.

Universal Health Services Trading Up 0.1%

NYSE:UHS opened at $171.87 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.12 and a quick ratio of 1.04. Universal Health Services, Inc. has a fifty-two week low of $140.08 and a fifty-two week high of $246.32. The stock’s 50-day moving average is $161.13 and its two-hundred day moving average is $173.40. The stock has a market cap of $10.13 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.92 and a beta of 1.05.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Tuesday, July 28th. The health services provider reported $5.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.94 by $0.04. The business had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.58 billion. Universal Health Services had a net margin of 8.42% and a return on equity of 19.39%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.35 earnings per share. As a group, equities research analysts forecast that Universal Health Services, Inc. will post 23.01 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, September 1st. Universal Health Services’s dividend payout ratio is currently 3.26%.

Universal Health Services Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.